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Jan 18, 2013
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this is a big tax cut. so i say to you, in terms of what has to happen next, i think it will require the revenue side of the equation and the spending side of the equation to be addressed. let me conclude by saying this. how do we get out of this in the current circumstance? the president says he will not negotiate on the debt limit. republicans say they will not vote for excess and on the debt limit unless they get substantial additional cuts in spending. i think judd is absolutely right. we have another dynamic at work here. and that is the sequester. $1.20 trillion of across-the- board spending cuts, half in defense and half in non-defense. republicans delight it. democrats don't like it. that creates an opportunity. there's also the question of how long do you extend the debt limit. i think it would be incredibly foolish to renamed on the debt of the united states. -- to renig on the debt of united states. but how long we extend the debt limit, that is open to negotiation. and between the two of how lon
this is a big tax cut. so i say to you, in terms of what has to happen next, i think it will require the revenue side of the equation and the spending side of the equation to be addressed. let me conclude by saying this. how do we get out of this in the current circumstance? the president says he will not negotiate on the debt limit. republicans say they will not vote for excess and on the debt limit unless they get substantial additional cuts in spending. i think judd is absolutely right. we...
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Jan 17, 2013
01/13
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, to collect tax revenue, and to fight tax evasion. i forgot to mention the privatization program, which is also necessary. >> gentlemen here in the third row. >> thank you. what is your insight on the chinese economy in terms of opportunities and challenges? what goals are on top of your agenda that you want to achieve in the new year it? thank you. >> global growth is not to stem the top of my agenda, it is on the top of the agenda of anyone who cares about the economy and jobs. growth is a very conducive factor. turning to china, i would certainly observe that there is continued significant and substantial growth expected out of china. i would observe there has been a rebalancing would then the china -- within the china economy with a focused on consumption rather than exports. i would observe that the currency of china has adjusted. my hope is that these trends we have observed continue into 2013 s and the new chinese leadership. >> thank you. >> how do you see the impact of what is happening in the arab countries on the economy is
, to collect tax revenue, and to fight tax evasion. i forgot to mention the privatization program, which is also necessary. >> gentlemen here in the third row. >> thank you. what is your insight on the chinese economy in terms of opportunities and challenges? what goals are on top of your agenda that you want to achieve in the new year it? thank you. >> global growth is not to stem the top of my agenda, it is on the top of the agenda of anyone who cares about the economy and...
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Jan 18, 2013
01/13
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tax revenue, and to fight tax evasion. i forgot to mention the privatization program, which is also necessary. >> gentleman here in the third row. >> thank you. what is your insight on the chinese economy in terms of opportunities and challenges? what goals are on top of your agenda that you want to achieve in the new year it? thank you. >> global growth is not just the top of my agenda, it is on the top of the agenda of anyone who cares about the economy and jobs. growth is a very conducive factor. turning to china, i would certainly observe that there is continued significant and substantial growth expected out of china. i would observe there has been a rebalancing within the china economy with a focused on consumption rather than exports. i would observe that the currency of china has adjusted. my hope is that these trends we have observed continue into 2013 s and the new chinese leadership. >> thank you. >> how do you see the impact of what is happening in the arab countries on the economy is in the arab world? do you
tax revenue, and to fight tax evasion. i forgot to mention the privatization program, which is also necessary. >> gentleman here in the third row. >> thank you. what is your insight on the chinese economy in terms of opportunities and challenges? what goals are on top of your agenda that you want to achieve in the new year it? thank you. >> global growth is not just the top of my agenda, it is on the top of the agenda of anyone who cares about the economy and jobs. growth is a...
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Jan 21, 2013
01/13
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he should recommend a creative revision of the tax laws, the serious debt and debt reduction program. he should have congress enacted budget which has not occurred for the past three years. he might come up with a proposal for inventing public-private partnerships to improve infrastructure, including the electric grid. and, of course, continue to encourage energy independence. the resolution of the supply of unfilled housing should be tried but only if a reelected barack obama can somehow find a unique instrument required to work with this administration to move to the center and discover ways to reach meaningful compromise with the congresswoman to pass legislation that this country so desperately needs. although it's not a -- one can ask will he be reelected. historically rarely have presidents been real elected to a second term with popular ratings in the 40% level, which is where obama rests, but so does romney. interesting to note that only three of the 19 presidents elected to a second term as relatively less popularity ratings at the time of their reelection. these are woodrow
he should recommend a creative revision of the tax laws, the serious debt and debt reduction program. he should have congress enacted budget which has not occurred for the past three years. he might come up with a proposal for inventing public-private partnerships to improve infrastructure, including the electric grid. and, of course, continue to encourage energy independence. the resolution of the supply of unfilled housing should be tried but only if a reelected barack obama can somehow find...
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Jan 14, 2013
01/13
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sales tax, correct? >> well, it's not quite. progressive is important to me, i don't want people to pay taxes if they have $20,000 a year worth of income. but at 30,000, i might like for people to pay $1. just $1. so they have a legitimate claim for saying, i'm part of the society, and i don't pay a lot, but i do pay something. everybody participates, and there's no game playing, it's a very efficient way to raise revenue. right now, it costs us $431 billion a year to administer the tax system we have, and the tax gap, the money we're not collecting that's theoretically owed is $400 billion a year. we could do better than that, we can think better than that. and the president needs to lay that out for us. >> even if we get more growth, we're still finding it difficult to get unemployment down. elaine cho served as george w. bush's secretary of labor. what would you do to create more jobs in america? >> i think you have to keep the tax rate low, they're a direct burden on the resources of the employer. th
sales tax, correct? >> well, it's not quite. progressive is important to me, i don't want people to pay taxes if they have $20,000 a year worth of income. but at 30,000, i might like for people to pay $1. just $1. so they have a legitimate claim for saying, i'm part of the society, and i don't pay a lot, but i do pay something. everybody participates, and there's no game playing, it's a very efficient way to raise revenue. right now, it costs us $431 billion a year to administer the tax...
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Jan 14, 2013
01/13
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b, they pay their back taxes. and c, they pay a small penalty for having broken the law in the first place. >> but let me push you on that because if you don't provide a path to citizenship -- >> i don't think you have to say that they can become citizens. this -- that part of my four-point program's going to be a attacked voluntary sis rously by people on the republican side. but it's not amnesty. they have a path to citizenship. they do the way every other immigrant does to become an american citizen. >> what would you say to the republicans who will say, look, they should be deported? >> yes. >> they should never have a path -- >> and you think what you say to them, look what your position got us in this last election. we need to pay attention to demographics. okay? i said we need to be the party of hope and opportunity. not the party of anger and resentment. >> illegal immigration is just one problem with our current system says michael bloomberg, the mayor of new york city and one of america's most successful
b, they pay their back taxes. and c, they pay a small penalty for having broken the law in the first place. >> but let me push you on that because if you don't provide a path to citizenship -- >> i don't think you have to say that they can become citizens. this -- that part of my four-point program's going to be a attacked voluntary sis rously by people on the republican side. but it's not amnesty. they have a path to citizenship. they do the way every other immigrant does to become...
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Jan 19, 2013
01/13
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cuts. >> most of that was tax cuts. we sort of started it and then stopped. you can't call it stimulus. that will never sell in washington. >> kate, thank for joining us. principle at apple consultant. christine romans, host of "your bottom line." >>> remember this? what is that? morton gecko in "wall street" was ahead of thiz time with this clunky, heavy, brick phone. flash forward 25 years and it's been replaced by the smartphone. i'll tell you why apple may be losing its hold on the market. >> announcer: did you know there are secret black market websites around the world that sell stolen identities? >> 30-year-old american man, excellent credit rating. >> announcer: lifelock monitors thousands of these sites 24 hours a day. and if we discover any of our members' data for sale, lifelock is there with the most comprehensive identity theft protection available. [♪...] [squealing, crash] call 1-800-lifelock or go to lifelock.com today. a hybrid? most are just no fun to drive. now, here's one that will make you feel al
cuts. >> most of that was tax cuts. we sort of started it and then stopped. you can't call it stimulus. that will never sell in washington. >> kate, thank for joining us. principle at apple consultant. christine romans, host of "your bottom line." >>> remember this? what is that? morton gecko in "wall street" was ahead of thiz time with this clunky, heavy, brick phone. flash forward 25 years and it's been replaced by the smartphone. i'll tell you why...
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Jan 20, 2013
01/13
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tax code. >> i do. >> why? >> because it's inefficient, it's ineffective, and its fundamentally unfair. so i believe this -- revenue systems should be used to raise money. it shouldn't be organized to distribute benefits. >> so no tax deductions. >> no deductions, no credits, no nothing. it's to raise revenue. and ideally we should do it with a progressive value-added tax. that means -- >> that's a national sales tax, correct? >> well, it's not quite because progressive is important to me. i don't want people to pay taxes if they have $20,000 a year worth of income, but at $30,000, i'd like people to pay 1 dollar, just $1.00 so they have a legitimate claim for saying i'm part of the society and i don't pay a lot but i pay something. everybody participates. there's no game playing. it's a very efficient way to pay taxes. right now it costs over $31 million a year to administer it. the tax gap that we theoretically owe is $41 billion a year. we can do better than that. we can think better than that. and the presi
tax code. >> i do. >> why? >> because it's inefficient, it's ineffective, and its fundamentally unfair. so i believe this -- revenue systems should be used to raise money. it shouldn't be organized to distribute benefits. >> so no tax deductions. >> no deductions, no credits, no nothing. it's to raise revenue. and ideally we should do it with a progressive value-added tax. that means -- >> that's a national sales tax, correct? >> well, it's not quite...
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Jan 15, 2013
01/13
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when we pay our gasoline tax, we spend that money to the federal government. they skim off management fee and then they dole it out all over again to things like a museum dedicated to the packer, a movie about movies about the road for alaska, things like that. airport money, we spend all of this, there's a tax in all of our tickets, and yet all that money goes into a big pile and the vast majority of it does not go to the biggest airports in the country. it goes to the ones that are the most politically connected. you really have to disengage congress and get more private money going directly where they can actually make a profit and you'll get more infrastructure. >> yeah, but donna, i mean, president obama signed the recovery act and spend billions on infrastructure project. did we get our money's worth? what did that money goes toward? >> well, first let me say, we do need some more money. yes, some airports can be built privately, and there's no question we're spending the money in the wrong places, but even if we took all the money going to highways, lik
when we pay our gasoline tax, we spend that money to the federal government. they skim off management fee and then they dole it out all over again to things like a museum dedicated to the packer, a movie about movies about the road for alaska, things like that. airport money, we spend all of this, there's a tax in all of our tickets, and yet all that money goes into a big pile and the vast majority of it does not go to the biggest airports in the country. it goes to the ones that are the most...
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the exciting thing about a financial transaction tax or robin hood tax is the actually big gain changer for the financial sector it would it would make short termism an awful lot more expensive than a long term investment and therefore it would shift the financial sector away from being something that the rest of us service and it would actually restore the old idea of the finance sector that its job was to support the real economy rather than the other way round so in many ways you know the chief several objectives at once and that's one of the reasons why we support it so it's basically air attacks on large financial transactions is it retribution for the bankers it's not retribution but it is about making sure that the finance sector that cause so much damage to the world economy and actually put something back actually helps to to restore the situation because over the last few years we've actually seen an awful lot of people around the world suffering as a result of the actions of the finance sector with the possible exception of the people at the very top of the finance sector who
the exciting thing about a financial transaction tax or robin hood tax is the actually big gain changer for the financial sector it would it would make short termism an awful lot more expensive than a long term investment and therefore it would shift the financial sector away from being something that the rest of us service and it would actually restore the old idea of the finance sector that its job was to support the real economy rather than the other way round so in many ways you know the...
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fair unnecessary briefly what is the impact on those are tax hikes going to have on the greek people and is it fair. they're definitely not fair and they're certainly self-defeating in the sense that you have a collapsing economy you increase the tax rates and you end up with fewer taxes all right yana thank you very much indeed sorry about the poor quality of our communication but we got there good to hear from the n.f.l. of arkansas political economist northwest joining there in athens. in the midst of the economic crisis regulators are coming under fire for making life easier for banks rather than for people and it appears the wider public knows little of how and where the big decisions about the global financial future are being made as well to put all of us now reports. have you ever heard the one about the bank is the billions and bars all the chances are you probably haven't but six times a year central bank heads from the u.s. europe asia and everywhere in between representing around three quarters of global economic output gather in the swiss city to talk shop behind closed
fair unnecessary briefly what is the impact on those are tax hikes going to have on the greek people and is it fair. they're definitely not fair and they're certainly self-defeating in the sense that you have a collapsing economy you increase the tax rates and you end up with fewer taxes all right yana thank you very much indeed sorry about the poor quality of our communication but we got there good to hear from the n.f.l. of arkansas political economist northwest joining there in athens. in...
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for was never around stating that what we have and don't want mean the richest people in america or tax close so they get money away. we go to where they're at so that we can see that money. where you have however klaus schwab founder and executive chairman of the world economic forum says business will drive economic growth. so for will or way that hurts or for those who are free . it is all to point to a ship which triumphs economy and social progress economy development and social progress so i don't see in korea have to change drastically is a model for economy course we have to import food and we have to put back it's a cent off the printer. let's take a look at the markets to see how they finished this week over in europe equities ended friday's session mixed to see gained a third of a percent thanks mainly to the metals sector that reacted to two upbeat news from china the dax ended below the line and then here in moscow take a look an impressive day for the equities both of the our t.x. and r.t.s. excuse me and the my six posted very strong gains about one percent each the r.t.s
for was never around stating that what we have and don't want mean the richest people in america or tax close so they get money away. we go to where they're at so that we can see that money. where you have however klaus schwab founder and executive chairman of the world economic forum says business will drive economic growth. so for will or way that hurts or for those who are free . it is all to point to a ship which triumphs economy and social progress economy development and social progress...
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Jan 16, 2013
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president said if he got his tax increase he would cut spending. he needs to fulfill that promise, but this is an important time for us to decide that we're going to make those hard decisions and cut spending. you really got two choices. we can balance the budget this year by not raising the debt limit or we can do the democrats' ray way and never raise it at all. actually, you are going to hear conservatives present a third option and that is put us on a path to balance within ten years. we can do that without cutting anything from what americans are expecting. that is what we need to do. >> neil: what bothers me the most, senator, we go through elaborate hoops to avoid this thing, trillion dollar coin even 14th amendment and giving the president sole discretion and then address the underlying problems that keeps creating that. why do we do that? >> the problem is not the debt ceiling or debt limit the problem is the debt. the reason why we have a legal limit on the debt if we keep borrowing we're going to hurt everyone who lives there. i think th
president said if he got his tax increase he would cut spending. he needs to fulfill that promise, but this is an important time for us to decide that we're going to make those hard decisions and cut spending. you really got two choices. we can balance the budget this year by not raising the debt limit or we can do the democrats' ray way and never raise it at all. actually, you are going to hear conservatives present a third option and that is put us on a path to balance within ten years. we...
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cuts need tax cuts not increases i think berlusconi is right. robert mendell thank you very much for your time and your insight on this interview thank. you. i'm here with some investors filming them. i'm here to show you apply a force to buy property in this area and you know george bush. no exception. distinct solution to carry. out your so beautiful little us a lot. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. giant corporations are all. what mystery is hidden deep the nice. says it is welcome here. traps laid for intruders. and the supernatural cannot arise from nowhere. can a human be possessed by the spirit. mistress of the cave on auntie. to the tree out of sight but still on our minds radiation from this still exceeds the norm let's try to live smarter with smartphones you never know what some people are hiding and can't be sure to you probe down to the molecular level learned that what the doctor ordered is often based on secrets under our skin let us shine
cuts need tax cuts not increases i think berlusconi is right. robert mendell thank you very much for your time and your insight on this interview thank. you. i'm here with some investors filming them. i'm here to show you apply a force to buy property in this area and you know george bush. no exception. distinct solution to carry. out your so beautiful little us a lot. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada....
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Jan 16, 2013
01/13
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>> well, look, a lot of what has us here is tax cuts, and i know you don'tment to hearment want t taxes are l. neil: just keep raising them? >> we need a combination, a planned approach -- neil: like a 40 to 1 tax hike to spending cut deal. >> are you kidding? we've done $1.8 trillion of spending cuts. >> woe okay woe, wait, where are these spending cuts, they are always in the future, all in the future. actual spending we spending 25 pierc25%more now. >> you have to cut it in the future. neil: we have spend a hell of a lot of time talking over one another that always helps me, when we come back, get the flu shot or another job? can a boss do that. several bosses, who did that. and there is nothing, nothing that the workers could do about it. nothing. look at jimmy carter, i always knew he was watching me, now i knew he was watching me, now i have the [ woman ] if you have the audacity to believe your financial advisor should focus on your long-term goals, not their short-term agenda. [ woman ] if you have the nerve to believe that cookie cutters should be for cookies, not your investme
>> well, look, a lot of what has us here is tax cuts, and i know you don'tment to hearment want t taxes are l. neil: just keep raising them? >> we need a combination, a planned approach -- neil: like a 40 to 1 tax hike to spending cut deal. >> are you kidding? we've done $1.8 trillion of spending cuts. >> woe okay woe, wait, where are these spending cuts, they are always in the future, all in the future. actual spending we spending 25 pierc25%more now. >> you have...
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Jan 16, 2013
01/13
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>> well, look, a lot of what has us here is tax cuts, and i know you don'tment to hearment want t taxes are low. neil: just keep raising them? >> we need a combination, a planned approach -- neil: like a 40 to 1 tax hike to spending cut deal. >> are you kidding? we've done $1.8 trillion of spending cuts. >> woe okay woe, wait, where are these spending cuts, they are always in the future, all in the future. actual spending we spending 25 pierc25%more now. >> you have to cut it in the future. neil: we have spend a hell of a lot of time talking over one another that always helps me, when we come back, get the flu shot or another job? can a boss do that. several bosses, who did that. and there is nothing, nothing that the workers could do about it. nothing. look at jimmy carter, i always knew he was watching me, now i have the proof. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real
>> well, look, a lot of what has us here is tax cuts, and i know you don'tment to hearment want t taxes are low. neil: just keep raising them? >> we need a combination, a planned approach -- neil: like a 40 to 1 tax hike to spending cut deal. >> are you kidding? we've done $1.8 trillion of spending cuts. >> woe okay woe, wait, where are these spending cuts, they are always in the future, all in the future. actual spending we spending 25 pierc25%more now. >> you...
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Jan 20, 2013
01/13
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first term he reached across the aisle and got tax cuts for everyone even though the united states senate switched majority control from republicans to democrats in may of his first year in office. then he worked across the aisle to get education reform done. it can happen, but it takes a president who is willing to be presidential and really lead rather than just demand. >> eric: do you think he can take a page from george w. bush. what did you advise the president at that time and what lessons from that experience that president obama can take as he enters into his second term? >> president bush had the advantage of being a governor where he had to work with other people on the other side of the aisle. he did that successfully in texas. when he got to washington, d.c. he was committed to govern the country, not just the one that demanded change. he wanted to work with the democrats and republicans to bring change to reality. he did a pretty good job of it. very first meeting that george w. bush had at the white house with people outside were leaders of the democratic party. he brought i
first term he reached across the aisle and got tax cuts for everyone even though the united states senate switched majority control from republicans to democrats in may of his first year in office. then he worked across the aisle to get education reform done. it can happen, but it takes a president who is willing to be presidential and really lead rather than just demand. >> eric: do you think he can take a page from george w. bush. what did you advise the president at that time and what...
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taxes i personally would prefer a capitation tax everybody over eighteen years of age not in prison not in an infirmary would pay a set fee every citizen in the jurisdiction would pay the same again mitt romney spent one percent of his income in taxes you are saying i don't care how in the beginning you lumped in north carolina virginia with that the virginia plan is actually. elimination of the gas tax which would save eighteen cents really eight hundred cents on every gallon does that not help the poor so the people as i you know be as i say this is the gasoline companies the oil companies are getting a free ride on their external nobody's covering their up and for the cost of that you know what the poor people without a polaroid not answer here outside or milk or can our behavior after their own interests only the burger. it's of no their interest and this was the result of months. just organ it is of our society for gas. that's what i just heard no that is not what i just argued what i what i am arguing is that if there are extra analogies that what what you guys in your corpora
taxes i personally would prefer a capitation tax everybody over eighteen years of age not in prison not in an infirmary would pay a set fee every citizen in the jurisdiction would pay the same again mitt romney spent one percent of his income in taxes you are saying i don't care how in the beginning you lumped in north carolina virginia with that the virginia plan is actually. elimination of the gas tax which would save eighteen cents really eight hundred cents on every gallon does that not...
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Jan 17, 2013
01/13
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tax. you are going to learn about it tonight. please welcome roseanne demoro. he is now the dean of university of indiana school of public affairs out with a new book just now, the first i know of that gives suggestions and ideas -- specific public policy ideas he believed both the left and right can agree on. please welcome my friend john gramm. and she has a new assignment, just elected the congressional chair of the black caucus out of ohio. please welcome congresswoman marcia fudge. [applause] jeffrey, i want to start with you, in part because you have come the farthest, i guess you get to go first. i will keep you awake. i want to start, though -- i'm not the one that likes to use a bunch of statistics because they can be hard to follow. because this program right now is being seen live across the nation, i want to make sure that those watching can get a chance to contextualize what happened with the issue of poverty across the nation. these are issues that come from 1989. here's what
tax. you are going to learn about it tonight. please welcome roseanne demoro. he is now the dean of university of indiana school of public affairs out with a new book just now, the first i know of that gives suggestions and ideas -- specific public policy ideas he believed both the left and right can agree on. please welcome my friend john gramm. and she has a new assignment, just elected the congressional chair of the black caucus out of ohio. please welcome congresswoman marcia fudge....
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Jan 15, 2013
01/13
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FBC
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they should not be able to raise taxes on our young people by putting congress. gerri: we should start calling and -- will calling him emperor obama. [laughter] >> i already do. gerri: and governor pataki. the animated series the simpson first premier to become an instant hit. the longest-running animated program running 24 seasons and 515 episodes. parsons and was the favorite character and the fans at its peak more than 1 million shares were sold bringing in $2 million of revenue. then "the simpsons" movie was released worldwide grossing 527 million by 2011 the show made it $1 billion of profits and has a star on the hollywood walk of fame. the first fox show to break into the top 10 ratings its premiere in 23 years ago today. new report showed 2013 did have a bigger housing recovery. stay with us. ♪ gerri: 2013 housing forecaster out and looking good. gerri: well this year is shaping up to be a great year for housing. forecasting prices to soar after 7.5% lesser. total home sales for the year marking the first increase since 2005. joining me now, vice chairm
they should not be able to raise taxes on our young people by putting congress. gerri: we should start calling and -- will calling him emperor obama. [laughter] >> i already do. gerri: and governor pataki. the animated series the simpson first premier to become an instant hit. the longest-running animated program running 24 seasons and 515 episodes. parsons and was the favorite character and the fans at its peak more than 1 million shares were sold bringing in $2 million of revenue. then...
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Jan 20, 2013
01/13
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people that pay taxes in this beautiful nation. we have people coming in -- and i will use my own place of birth, cuba. >> i will stop you there. two issues that you put on the table that the present will be facing, immigration, the debt and deficit. >> that is absolutely true, these will be two big issues. on the gun-control issue, but no one is talking about taking everyone's guns away. they are talking about sensible, common-sense measures to prevent some of the tragic incidents we have seen recently, in newtown, aurora, colorado. i think there will be time to get into the thick of these issues after tomorrow, but tomorrow will be a chance for the president, really, to bring the country together and say we need to reach common ground on some of the major problem we face. >> you were inside the bush white house. the president put on the table two big domestic agenda items, immigration reform, primarily because his own party said no, and social security reform. >>what advice would you give president obama, based on the lessons tha
people that pay taxes in this beautiful nation. we have people coming in -- and i will use my own place of birth, cuba. >> i will stop you there. two issues that you put on the table that the present will be facing, immigration, the debt and deficit. >> that is absolutely true, these will be two big issues. on the gun-control issue, but no one is talking about taking everyone's guns away. they are talking about sensible, common-sense measures to prevent some of the tragic incidents...
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Jan 21, 2013
01/13
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we go through the tax debate. we thought we got higher taxes on the rich and it was over, not so. senator schumer and fellow democrats are proposing yet higher taxes on the rich, more taxes on oil and gas companies and taxes on profits that american corporations makeover seas. so that is three big areas where taxes are going to go up. all of this we are told is going to be in the new budget which the senate has to pass in about a three-month period. so, here they come, higher taxes. martha: yeah. i mean, stuart, as you point out the argument that is being waged now about really tax rerecall follow was something that conservatives offered the first time around as a good way to sort of change the system and bring in more revenues at the same time. now it looks like democrats including nancy pelosi say, no way, there is more revenue can come from this wealthy group. one of them is high-profile golfer looking to evade all of this apparently. >> the news broke this morning. talking about phil mickelson. he is california-based and he has had it with taxes. he says he is going to take dr
we go through the tax debate. we thought we got higher taxes on the rich and it was over, not so. senator schumer and fellow democrats are proposing yet higher taxes on the rich, more taxes on oil and gas companies and taxes on profits that american corporations makeover seas. so that is three big areas where taxes are going to go up. all of this we are told is going to be in the new budget which the senate has to pass in about a three-month period. so, here they come, higher taxes. martha:...
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Jan 14, 2013
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and then you have conservatives arguing since we have the highest corporate tax rate in the world and the rationale for why that works. live from an economic standpoint that produces more prosperity. what works under ronald reagan, how jack kennedy did it and have it worked. but you don't hear the same argument coming from this administration. they also can't come forward and have an honest discussion about what their objectives are. the increasing prosperity by unleashing the private sector overbearing, not reasonable but overbearing government regulations. we believe there is an unlimited ability for prosperity. the left believes it is a fixed amount. and everybody gets a slice of it. but you don't hear of a left articulating a response to that discussion because what obama wants to do is force the redistribution. and if honest about that, honest about his goals of not equalizing everyone but bringing them down and that is what happens when you try to equalize and come if he were to be honest about that and give a philosophical defense the american people would reject it resoundingl
and then you have conservatives arguing since we have the highest corporate tax rate in the world and the rationale for why that works. live from an economic standpoint that produces more prosperity. what works under ronald reagan, how jack kennedy did it and have it worked. but you don't hear the same argument coming from this administration. they also can't come forward and have an honest discussion about what their objectives are. the increasing prosperity by unleashing the private sector...
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Jan 21, 2013
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gas in your tax. to me that is ludicrous. those are nice things. why it's getting ready to happen. what the possible solutions to get out of. here is a great example of how we got in trouble in the first place. what our founders believed was that we would have a very limited central government. i absolutely believe that we should have a limited central government, but it should be authoritative in terms of the areas that we give a responsibility. beyond that what you do is he totally diminish hall of these laboratories of experimentation, all these regional differences when you take it and pull that power away and said it in washington. what you're doing is markedly diminished liberty and freedoms of people outside of washington. >> is attempting? >> not for me. when i ran for the senate one of my campaign themes is, not bring anything of the oklahoma. the reason is, there is no money here. anything we send you home we are stealing from your children today. i mean, remember, out of the. half trillion
gas in your tax. to me that is ludicrous. those are nice things. why it's getting ready to happen. what the possible solutions to get out of. here is a great example of how we got in trouble in the first place. what our founders believed was that we would have a very limited central government. i absolutely believe that we should have a limited central government, but it should be authoritative in terms of the areas that we give a responsibility. beyond that what you do is he totally diminish...
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Jan 18, 2013
01/13
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tax increasing and spending. business people would get this deal done in an afternoon. this is what we do. >> maybe that's why ruth should go to washington. >> do you think bowles simpson is dead? will it ever come back? >> it's provided the energy of a we need bipartisan and both ingredients to make it work and we need sense of urgency because it's really important. that to me what bowles simpson was all about. >> now to wall street. are you telling investors just accept, this is it, what we have today? >> well, investors i think appropriately should be looking at risk adjusted returns. so -- >> sounds like a yes? >> no, the era of very high but very risk driven returns is over. okay? so what investors -- capital is doubled. leverage has been cut by two thirds. those are facts. now, the question is, but the quality of the returns you're now getting, i would argue is more stable, more predictable and more secure. >> right. and the compensation is lower. i thought it was pretty shocking what you guys did this week is that you basically said deferred cash bonuses to your
tax increasing and spending. business people would get this deal done in an afternoon. this is what we do. >> maybe that's why ruth should go to washington. >> do you think bowles simpson is dead? will it ever come back? >> it's provided the energy of a we need bipartisan and both ingredients to make it work and we need sense of urgency because it's really important. that to me what bowles simpson was all about. >> now to wall street. are you telling investors just...
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he's right on the tax stuff. on the other stuff it'd be pretty hard for him to make an argument that the american he people voted for gun control or unconditional increases in borrowing. >> megyn: back on the issue of gun control to leave it at this, vice-president biden is going to give recommendations we understand tomorrow to the president, as he's been known to do, put his foot in his mouth a bit on friday when he said the following: . >> we know there's, there's no silver bullet and there's no, as one of my friends said, no seat belt to put on to assure you will not be in this circumstance again. i'm going to be submitting to the president i think a proposal as to how to proceed. i'm shooting for tuesday, hope i can get it done by then. >> megyn: and the hits on the tape how it came to us. the vice-president talking the gun proposal, no silver bullet, but shooting for tuesday, the recommendations. thoughts on that, chris? >> we're grateful to vice-president biden, we're grateful to vice-president biden, all
he's right on the tax stuff. on the other stuff it'd be pretty hard for him to make an argument that the american he people voted for gun control or unconditional increases in borrowing. >> megyn: back on the issue of gun control to leave it at this, vice-president biden is going to give recommendations we understand tomorrow to the president, as he's been known to do, put his foot in his mouth a bit on friday when he said the following: . >> we know there's, there's no silver...
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be a lot of regulations there's a lot of smaller regulations state level regulations and fears about tax code or that's the the rhetoric that business leaders are largely focusing on and where i do think that today's data is nonce sort of reflecting the reality on the ground is that sure you've got a lot of profits at these large corporations but what we haven't been seeing is investment in the economy and that's the reason why the economy is weak that's the reason why import unemployment is still a significant problem is you can make a lot of money you can borrow money from the fed for basically free and then you can loan it back to the government and make a three percent profit on the free money that you got in the first place and you can rack up a lot of profits but that doesn't necessarily mean that we have a strong economy without actual investment in the economy itself we're not going to see economic growth so just jim let's talk about this piggybacking off of what anthony is saying one of president obama's approach is to fix the economy that's kind of the trickle down economics so
be a lot of regulations there's a lot of smaller regulations state level regulations and fears about tax code or that's the the rhetoric that business leaders are largely focusing on and where i do think that today's data is nonce sort of reflecting the reality on the ground is that sure you've got a lot of profits at these large corporations but what we haven't been seeing is investment in the economy and that's the reason why the economy is weak that's the reason why import unemployment is...
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Jan 17, 2013
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if you look at the ryan plan, it had 20% tax cuts in it and it didn't balance the budget for another 30 years. it was not a deficit reduction -- >> let me make a point about that. >> jared, go ahead. >> listen to this. this is underappreciated. the paul ryan budget plan required an increase in the debt ceiling. let's be very clear about that. i completely agree with jonathan on this. in fact, these are people who pose as budget hawks. they're really chicken hawks. >> those are the people who are going after chuck hagel who didn't serve in vietnam. >> varijared, the president yesterday in talking about proposals to deal with the issue of gun violence mentioned the idea of employing another 14,000 police officers as part of a gun control package. okay? >> right. >> but doesn't that have the double value of not only increasing protections but also actually employing people? >> right. when i heard that -- >> but is that -- does that come under the word stimulus that paul ryan finds unacceptable. >> i'm afraid if you call it stimulus it may not happen, but yes. but yes, you're right. one
if you look at the ryan plan, it had 20% tax cuts in it and it didn't balance the budget for another 30 years. it was not a deficit reduction -- >> let me make a point about that. >> jared, go ahead. >> listen to this. this is underappreciated. the paul ryan budget plan required an increase in the debt ceiling. let's be very clear about that. i completely agree with jonathan on this. in fact, these are people who pose as budget hawks. they're really chicken hawks. >>...
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Jan 20, 2013
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the republicans wouldn't vote for tax increases for millionaires -- for tax increases for millionaires. you could do it on guns, you could do it on immigration. you have a lot of tough issues s and you force the republicans to make ugly votes and that's their strategy. that's their strategy to take control of the house. >> the premise of that scares enough republicans into enough action to get mobilized. >> look at what just happened. the republicans in the last day or so, punted on the debt ceiling. i think that was smart. but the reason they did it was they thought a trap had been set and if they didn't, they would look bad. i think that's what would have happened. but that's an idea what have chris is talking about. >> chris, brit, thank you. >> you have a leak in your roof, you if i can it, right? >> but what happens when the capitol building this has a lot of leaks? we'll show you, after the break. mine was earned in djibouti, africa, 2004. the battle of bataan, 1942. [ all ] fort benning, georgia, in 1999. [ male announcer ] usaa auto insurance is often handed down from generatio
the republicans wouldn't vote for tax increases for millionaires -- for tax increases for millionaires. you could do it on guns, you could do it on immigration. you have a lot of tough issues s and you force the republicans to make ugly votes and that's their strategy. that's their strategy to take control of the house. >> the premise of that scares enough republicans into enough action to get mobilized. >> look at what just happened. the republicans in the last day or so, punted on...
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Jan 20, 2013
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tax reform, the elimination of an entire class of nuclear weapons. reagan and his first term had spoken about the evil empire. he said later on the soviet leaders kept a dying on him. -- dying on him. one thing led to another. there had been no discernible progress. i do not think many people on january 20, 1981 would have anticipated ronald reagan's greatest historical accomplishment would be significant arms control. not just slowing the rate of increase in nuclear arms, but actually doing away with the whole class in what became known as the inf treaty. host: a speech in june of 1987 in berlin. [video clip] >> we welcome change and openness. we believe that freedom and security go together. the advance of human liberty, the advance of human liberty can only strengthen the cause of world peace. there is one sign that the soviets can make that would beunmistakable, that would -- be unmistakable, that would advance dramatically the cause of freedom and peace. if you seek peace, if you seek peace and prosperity, if you seek liberalization, come here t
tax reform, the elimination of an entire class of nuclear weapons. reagan and his first term had spoken about the evil empire. he said later on the soviet leaders kept a dying on him. -- dying on him. one thing led to another. there had been no discernible progress. i do not think many people on january 20, 1981 would have anticipated ronald reagan's greatest historical accomplishment would be significant arms control. not just slowing the rate of increase in nuclear arms, but actually doing...
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the law was hotly debated, it is a law and they should not be able to raise the taxes particularly taxes on our young people simply by avoiding congress. gerri: george pataki, thank you for coming on the show tonight, thank you very much. >> thank you. gerri: it was this day in business back in 1990, fox's animated series "the simpsons" first premiered and became an instant hit. the half-hour sitcom islamist running american program so far running 24 seasons and 515 episodes. in the early 90s toward simpson was america's favorite character in fact introduced during its peak. for the 1 million shares sold on a given day bringing in $2 billion in revenue during the first 14 months. in 2007 the simpsons movie was released in theaters worldwide. it grossed $527 million sold $750 million in simpson's related merchandise. by 2011 the show made $1 billion in profits. this initiative 25 emmy nominations or awards and a star on the hollywood walk of fame. the first fox show to break into the top 10 in the ratings, "the simpsons" premiered o permit ons business day january 14, 23 years ago today.
the law was hotly debated, it is a law and they should not be able to raise the taxes particularly taxes on our young people simply by avoiding congress. gerri: george pataki, thank you for coming on the show tonight, thank you very much. >> thank you. gerri: it was this day in business back in 1990, fox's animated series "the simpsons" first premiered and became an instant hit. the half-hour sitcom islamist running american program so far running 24 seasons and 515 episodes. in...
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yes i remember the one well the rich are all of the poor pay taxes. yeah here's my. history have history agree. that. the future is that the rich have never had to pay taxes. by a large. target of loopholes whatever. do you have time to get around that yeah well this is this is one of the big challenges a might might my thoughts on taxes are basically pay to play the more you play the more you pay it's pretty simple todd thank you for the call that people who are using a large people who are generating a large amount of income are also using a lot of the commons these are more the court systems to enforce their contracts so using more of our federally protected banking systems and our our currency systems because they've got more of that stuff there they're using more of the commons and therefore they should be paying more for their share of the commons i also think that progressive taxation is a healthy thing because it establishes a a more equal society more egalitarian society and what we find is that the more unequal a society is the more violent
yes i remember the one well the rich are all of the poor pay taxes. yeah here's my. history have history agree. that. the future is that the rich have never had to pay taxes. by a large. target of loopholes whatever. do you have time to get around that yeah well this is this is one of the big challenges a might might my thoughts on taxes are basically pay to play the more you play the more you pay it's pretty simple todd thank you for the call that people who are using a large people who are...
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Jan 14, 2013
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it is the party of lower taxes. but there are a lot of people who are lower down the food chain, the economic chain, also paying lots of taxes relative to their income. and they need help. we need more education work being done in this country. we need a solid immigration policy. we have to look at climate change there are a lot of things that the american people are expecting and the republican party, as they get ready for the next election, really has to focus on some of these issues and not ignore them. everybody wants to talk about who is going to be the candidate you better think first about what's the party actually going to represent? if it's just gonna represent the far right-wing of the political spec trouble, i think the party is in difficulty. i'm aed moderate but i'm still a republican, that's how i was raised. until i voted for mr. obama twice i voted for seven straight republican presidents. >> a couple of other foreign policy matters, what should the force, u.s. force in afghanistan look like after ne
it is the party of lower taxes. but there are a lot of people who are lower down the food chain, the economic chain, also paying lots of taxes relative to their income. and they need help. we need more education work being done in this country. we need a solid immigration policy. we have to look at climate change there are a lot of things that the american people are expecting and the republican party, as they get ready for the next election, really has to focus on some of these issues and not...
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have dropped and the tax measure to pick up the cost on those lost revenues was voted down. now those who live in this area are just hopeful we don?t see a worst case scenario. >> there is going to be a big lack time. >> this lasted for over 90 minutes. and they are talking about using ambulatory services for response times and emergency calls. reporting a contra costa county, j. r. stone, kron 4 news. >> pam: and now to a developing story. japan's transport ministry says all boeing 7-8-7 planes are being grounded for safety checks. one of the 7-8-7s operated by all nippon airways made an emergency landing today in western japan after a cockpit message showed battery problems. no one was hurt. but passengers reported a burning smell in the cabin. it's the latest in a series of problems including a battery fire and fuel leaks. the airlines are volunarily grounding their jets. a total of 17 a-n-a jets and seven japan airlines 7-8-7 aircrafts will not be flying. the ministry says it's categorizing the problem as a quote "serious incident" officials say all of tomorrow's a-n-a d
have dropped and the tax measure to pick up the cost on those lost revenues was voted down. now those who live in this area are just hopeful we don?t see a worst case scenario. >> there is going to be a big lack time. >> this lasted for over 90 minutes. and they are talking about using ambulatory services for response times and emergency calls. reporting a contra costa county, j. r. stone, kron 4 news. >> pam: and now to a developing story. japan's transport ministry says all...
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perhaps hiking taxes on the rich is up with of them. but that does not mean we don't do a lick about our debt. not getting a handle on spending wasn't one of them. hearing only one side don't make you a journalist but doing so to ignore the other side makes you charyl top. charlatan. go after the goose, go after the gander. what is a gander? do you know? be fair, balanceed. both sides. have at it. >> dana: hello, i'm dana perino with kimberly guilfoyle, bob beckel, eric bolling, andrea tantaros. it's 5:00 in new york city. this is "the five." ♪ ♪ >> dana: earlier today, president obama held the final press conference of his first term in the east room of the white house. the main attraction, our old friend the debt ceiling. they could default on the debt, unless the debt ceiling is raised. republicans want the president to cut spending before they i gree on a deal. but the president at no time seem eager for compromise. listen. >> we have to stop lurking from crisis to crisis to crisis. when there is a clear pass that requires disci
perhaps hiking taxes on the rich is up with of them. but that does not mean we don't do a lick about our debt. not getting a handle on spending wasn't one of them. hearing only one side don't make you a journalist but doing so to ignore the other side makes you charyl top. charlatan. go after the goose, go after the gander. what is a gander? do you know? be fair, balanceed. both sides. have at it. >> dana: hello, i'm dana perino with kimberly guilfoyle, bob beckel, eric bolling, andrea...
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Jan 20, 2013
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republicans are over the tax fight. they figure they've done taxes. they're not going to do that, and that's a part of the president's calculation. if he can't get that, what does he do on the spending side? not much. >> thanks very much to all of you. that's interesting. it does seem to many that tax debate is sort of done, republican or democrat. >> right. >> we had that fight, here we are. >> but the one thing the president does get is to choose what the country focuses on. he doesn't necessarily get to choose the results. he gets to choose what the country focuses on so we'll see. this is a big test for him to pick his priorities. >> that's why tomorrow becomes crucial. we'll learn a lot tomorrow. >> coming up, a rare look at a room inside the nation's capitol, a room that only a few people have ever seen. wow. would you take it? well, there is. [ male announcer ] it's called ocuvite. a vitamin totally dedicated to your eyes, from the eye care experts at bausch + lomb. as you age, eyes can lose vital nutrients. ocuvite helps replenish key eye nutr
republicans are over the tax fight. they figure they've done taxes. they're not going to do that, and that's a part of the president's calculation. if he can't get that, what does he do on the spending side? not much. >> thanks very much to all of you. that's interesting. it does seem to many that tax debate is sort of done, republican or democrat. >> right. >> we had that fight, here we are. >> but the one thing the president does get is to choose what the country...
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they tax a lot. when you thought the tax by the mile thing was in park, a government study proves washington is revving to go. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> neil: i think this is what they call a hybrid to hell. you bought the gas saver to ease your pai
they tax a lot. when you thought the tax by the mile thing was in park, a government study proves washington is revving to go. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of...